Luxury Buyers in Dubai Enjoy Bitcoin Payment Option

Luxury Buyers in Dubai Enjoy Bitcoin Payment Option

Cryptocurrency is one of the hot topics of discussion in any financial conversation. Whether you are talking about long-term investments or the purchase of tangible assets, paying with cryptocurrency provides a faster and easier option than most other payment methods. The high levels of encryption involved also ensure that each transaction is secure. Real estate…

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Germany Seeking Industry Feedback for National Blockchain Strategy

Germany Seeking Industry Feedback for National Blockchain Strategy

The German government is seeking industry feedback ahead of developing the country’s blockchain strategy by the summer. A Reuters report on Monday, citing anonymous government sources, said that companies and industry groups “that could become stakeholders in a blockchain deployment process” have been invited to provide recommendations on the strategy. Whether proposed recommendations would result…

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Dubai’s SEED Group names INVAO as intl. blockchain investments partner

Dubai’s SEED Group names INVAO as intl. blockchain investments partner

Dubai’s SEED Group, an association of diversified firms owned by The Private Office of Sheikh bin Ahmed Al Maktoum, has selected INVAO, the blockchain asset pool for investors, as the exclusive international partner for blockchain investments, according to a press release CoinReport received from Wachsman, INVAO’s PR firm. Following the selection, the blockchain asset pool…

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General Motors Goes All-In On Blockchain Technology

General Motors Goes All-In On Blockchain Technology

GM Financial, a subsidiary of General Motors that handles financing and loans for customers that want to purchase vehicles, announced on Forbes a partnership with Spring Labs to join the Spring Founding Partners program with the sole purpose of developing financial products within Spring Labs’ blockchain platform. Very excited to officially unveil our partnership with…

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HSBC forex trading costs cut sharply by blockchain

HSBC Forex trading costs cut sharply by blockchain

HSBC has reduced the cost of settling foreign exchange trades by a quarter through its blockchain-based system, an executive overseeing the project told Reuters, offering a glimpse of the savings the technology could offer banks. The bank processes between 3,500 and 5,000 trades a day on its “FX Everywhere” system, settling trades worth $350 billion,…

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Can Blockchain Technology help India grow its GDP?

Can Blockchain Technology help India grow its GDP?

In order for India to achieve its dream of a $5 trillion economy in the next 5 years, it is imperative that it adopts blockchain technology for international payments. Payments from non-resident Indians are crucial to the daily livelihood of millions of Indians and to their ability to afford things like food, rent and other…

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WGS 2019 - Blockchain to create ‘a sea of opportunity’ for global trade – Bettina Warburg

World Global Summit 2019: Blockchain to create ‘a sea of opportunity’ for global trade – Bettina Warburg

Technology promises ‘a golden age of supply chain innovation and borderless trade’, blockchain expert tells WGS Blockchain revolution will ultimately eliminate need for centralized institutions, Bettina Warburg tells capacity audience Within the next five to 10 years, blockchain will fundamentally change the world economy as we know it. It will evolve age-old models of commerce…

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South Korean Crypto Exchange Bithumb Launches Over-The-Counter Trading Platform

South Korean Crypto Exchange Bithumb Launches Over-The-Counter Trading Platform

South Korea’s major virtual currency exchange Bithumb has officially launched an over-the-counter (OTC) trading desk under the Ortus brand, according to a press release published on Feb. 7. Hong Kong-based entity Bithumb Global Limited owns the rights to the Ortus brand, which specializes in services for institutional investors. After completing Know-Your-Customer and Anti-Money Laundering inspections,…

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